Daniel Csefalvay

Selecting the optimum regulatory regime for blockchain

Blockchain has emerged as an exciting new technology that could shake up many aspects of financial services and in the process has attracted the attention of supervisors looking to encourage it while containing any risks with each taking its own approach

Malcolm Wright

EU steps up AML fight with 5AMLD

Technology and developments such as crypto-currencies have given money launderers a wide array of tools to conduct their criminal activities. The EU’s 5AML is an attempt to get on top of some of these developments, but will have significant consequences

David Strachan

ESG and climate change will continue rising up the regulatory agenda

Regulatory emphasis on ESG and climate change issues is set to keep increasing this year making it an area banks will need to pay close attention to 

ESMA consults on equity trading transparency regime

A consultation has been launched on the transparency regime for equity, exchange traded funds (ETFs) and other related instruments in the markets in financial instruments regulation (MiFIR) by the the European Securities and Markets Authority (ESMA).

EU banks to be subject to toughest stress test yet

Banks in the EU will be subject to the most demanding stress tests to date to see how they would stand up to very low interest rates, growing trade tensions and a disorderly departure from the union by the UK. 

Pound spike to be investigated by UK’s FCA

An upward spike in the pound, which happened just seconds before the Bank of England (BoE) announced UK interest rates as unchanged, is being investigated by the Financial Conduct Authority (FCA) at the central bank’s request. 

ECB found six eurozone banks fell short on capital requirements

Six eurozone banks were found to have inadequate levels of capital by the European Central Bank (ECB), which told them to remedy the situation.

China pumps in money to offset impact of corona virus on financial system

The People’s Bank of China (PBoC) reduced repo rates by 10 basis points on February 3 and separately deployed around RMB1.2tn ($173bn) into reverse bond purchases as the country returned to work after the Chinese New Year holidays. 

Nicholas Pfaff

EU's green taxonomy: long road to transformation begins

The EU’s green finance deal promises to not only reshape the economy, but also finance. However, there is still much work to do and a lot of missing detail before the green deal can drive real change 

Tim Rennie

UK regulators up the ante on Libor transition

UK regulators have doubled down on their determination to wean the financial sector off sterling Libor, a move which might speed up the transition to alternative rates for other currencies as well